"I don’t think we should measure the success of the banking industry by how many banks we have. We should measure it by how capable the banks are that we have… instead of having four really big banks that control 40% of the deposits, they need competitors," KBW CEO Tom Michaud makes the case for banking consolidation bloom.bg/3GhMoOt
Author: Bloomberg Television
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News post in April 22, 2025, 12:06 am.
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